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MICROSOFT CORP
(MSFT-Nasdaq):
Technical Viewpoint: From a low
of $48.44 on Oct 18, 2000 prices
rallied, reaching a
high of $72.38
on Nov 8, 2000. A
decline saw prices pull back, reaching a
low of
$64.41 on Nov 13, 2000.
Another rally saw prices penetrate
resistance, closing 11/24/00
at $69.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 27, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $66.00. Resistance: Is at $72 3/8.
Point & Figure: Reversed to the upside on Nov 24, 2000. A P&F upside
reversal takes place at $67.00. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP
(MSFT-Nasdaq) @ $70 1/2 Stop: Use a protective stop of $67 5/8.
MICROSOFT CORP is currently trading @ $69.94 plus $1.69 on Nov 24, 2000. Price Objective:
$100.00. Risk/Reward: $2 7/8 VS. $29 1/2. Today's Risk Reward Ratio: 10:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$100.00
Risk/Reward:
$2 7/8 VS. $29 1/2
Risk/Reward Ratio:
10:1
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